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Action must arise from ESG commitments, says KPMG

15 June 2022 • By Jon Bragg • 1 min read

Action must arise from ESG commitments, says KPMG

Less than half of Australia’s corporate leaders believe they will have implemented the operational changes needed to meet their ESG targets by 2030

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Former CBA subsidiary fined $1.7m for defective disclosure statements

The first criminal prosecution for failing to update defective disclosure statements has been handed down by a Victorian court. Former Commonwealth ...

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FWC hands down 5.2% wage lift

The Fair Work Commission has handed down a 5.2 per cent minimum wage lift. In a decision set to impact over 2.7 million workers, the Fair Work ...

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Insurer sets new targets for sustainability efforts in Australia

The insurer has announced a number of new initiatives. Zurich has outlined a string of new targets and initiatives in a bid to reinforce its ...

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North investment platform's AUM hits over $5bn

Demand for the investment platform continues to surge. AMP has reported that assets under management (AUM) for North’s managed portfolio range has ...

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‘We’re not buying the dip’: BlackRock

The world’s largest asset manager is neutral on stocks despite recent losses. While US stock markets have suffered their biggest year-to-date ...

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Value of residential property surpasses $10tn

Australia’s residential dwellings passed a new milestone during the March quarter. New data from the Australian Bureau of Statistics (ABS) has ...

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HESTA and Mercy Super reveal plans to merge

Both funds have confirmed their intention to merge. HESTA and Mercy Super have signed a letter of intent to merge via a successor fund ...

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ASIC releases information sheet to help issuers avoid ‘greenwashing’

ASIC has released an information sheet on how to avoid greenwashing for superannuation and managed funds. The corporate regulator has issued a new ...

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Study finds banks leading the carbon transition will reap greater profits

New research has examined the importance of measuring financed emissions and adopting a long-term strategy for the carbon transition. Banks that ...

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